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Make Electronic Payments Simpler: All you need to know

Nanonets

Looking to automate the mundane & mechanical Payment Reconciliation process? Try Nanonets ™ AI-based OCR solution to automate Payment Reconciliation in your organization!  Both payer and payee receive notifications of funds transfer, which makes it a dependable process. per check avoided.

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What ‘Work From Home’ Means For Paper-Based AR Departments

PYMNTS

While working from home can present a major challenge for AR teams receiving checks in the mail, Biegel noted that more often, businesses are accepting these payments via banks’ lockbox services. Yet payers include a vast array of information with their check payments, and lockbox providers relay that data in different ways.

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